I've been trying for the past few months to sell my S but have not even received one call. I've tried two issues of the Recycler Classifieds twice, this board and other online boards, spammed all of my friends, but no has even once responded.

Has anyone else trying to sell their S run into the same issues? I thought our cars would've held more value due to the limited supply but it really doesn't seem so. I'm thinking of trading her in, but I would take a pretty hefty hit if I did. And to think they were charging so much over sticker here in So Cal.

I'm actually on a lease but Honda said I can either stay on the lease till it ends, or sell it on my own. My lease cannot be terminated early nor trasferred.

Any suggestions on what to do?

Here is my link to my for sale post:

https://www.s2ki.com/forums/showthread.php?...threadid=113965

Thanks,

-B

 

you can buy brand new ones for 29,500ish. 2 years newer, a glass rear window, and 15000 less miles is worth $3500. Try dropping the price.

 

I agree. I have been researching used prices very carefully lately, and yours seems quite high.

There is a dealer near me with an '02 with 5k on it, and they're selling it for $25k.

 

If you're asking a fair price then I'd say it may be perception. This is mine (and it doesn't make it right), but I've always maintained I would never buy a used sports car unless I personally knew the owner and how he maintained it. A lot of sports cars have the crap driven out of them -- which isn't all bad cause that's what they were generally designed to do. There have been times when I didn't follow my own advice and I was sorry later.

Secondly, you must remember that a small tight 2-seat car for high dollars has a very limited market because it's so impractical.

 

Thanks for the input. I guess I will have to re-think my asking price.

But doesn't this scare most owners, knowing they will take this heavy of a hit a few years down the road?

I figured this would increase used S2000 sales, but it doesn't seem to be doing so.

What would a fair asking price be for a vehicle like mine?

Thanks again,

-B

 

I took at look at kbb.org

It seems that your car will retail for 29k or and and trade in at only 23k or so.

Being that the car market is so shitty right now I would expect to get closer to the 23k mark unless you are willing to wait for "the right buyer"

AKA lower your price a bit man

 

It's hard to sell any car right now. This is due to the fact that there is an extreme oversupply of both new (due to manufacturing overexploited) and used cars as well as less demand (economic). Because many manufacturers are offering 0% (or close to it) interest rates, buyers are more likely to buy new. Would you rather buy a $20k new car at 0% for five years or a one year old car $16k car for five years at 7% interest? Add to this the fact the S2000 is more of a toy type car that a utility type car. I wish that I could actually stomach purchasing a used car, because there has never been a better time (if you have cash). But, I'm so anal that I couldn't stand the idea that the car might not have been maintained perfectly. The price that I pay for this is a bunch of depreciation. Also, if your car is overpriced in an extremely competitive market, people use that as a way to cull out the ones they want to look at. If you priced your car high (not saying you have) in order to leave some negociating room, I have found that it's better to price it competitively, have it look great when they get there, and stay firm on the price. Good luck.

 

You know, I'll bet that the guy that owns the car Jennifer Love-Hewett was in is able to get a few extra bucks when he sells it. Maybe you can talk somebody into featuring your car in a movie, then sell it as a movie memorabilia. I'm all for anyone getting top-dollar for their S. But I don't understand why anyone would want to sell such a beautiful car.

FYI: There is a big difference in the price you can sell it at, and the trade-in price. It doesn't make sense to trade it in and let some guy in a lime-green smoking jacket and plaid pants get the profit.

 

The bluebook value is less then $26,000 for the 91724 zip code.

The current economy conditions have pushed car prices down. If someone wanted to buy your car, they could end up paying a higher APR then if they bought a new car. Once the economy starts to pick up, so will prices.

Lance

 

1. Unemployment at a very high level.

2. The "liberation" of Iraq failed to stimulate the economy as hoped.

3. New car manufacturers offering amazing rebates and financing to push inventory.

4. The S2000 is not the new thing on the block anymore. And lots of other affordable performance cars that where not available when the S2000 was introduced compete in nearly the same price range (Evo, STi, 350Z, RX8, Cooper S, Neon SRT, VW R32, etc.)

5. A flood of used cars have come on the market from lease returns.

But as they say, nothing the right price wont fix!